Pebble has sold over 400,000 smart watches since January 2013

Ian Hardy

March 21, 2014 7:40am

On the heels of Google announcing Android Wear and partnering up with some heavyweights like Motorola, LG and HTC to produce a number of smart watches, Pebble has come out swinging with some respectable numbers.

Canadian-born Eric Migicovsky, Pebble’s CEO, stated in an interview with Fortune that they have successfully sold over 400,000 Pebble smart watches since January 2013. Migicovsky first worked on a smart watch called inPulse, which was specifically designed to work on BlackBerry devices, but then transitioned away and created Pebble that connected both iPhone and Android. Pebble found immediate success on Kickstarter and was backed a whopping $10.3 million in funding, eventually raising $26 million from various investors.

Migicovsky stated “When we started working on wearables six years ago, there were few players in the space and a lot of skeptics. It’s exciting to see this market grow so quickly — enabling more interesting use cases and keeping all of us laser-focused on creating the very best user experiences we can.”

The company now has 70 employees and is expected to see $60 million revenues. Pebble recently rolled out its own app store and quickly saw 12,000 developers register and houses over 1,000 available apps.

Source: Fortune
Via: PhoneArena

  • Rhettimus

    What’s that Samsung? Not even your daunting power can crush this first-mover. Maybe you should start focusing on what the consumers want? *cough* battery life *cough*

  • Max Fireman

    I have a Pebble, does the job and then some. Although people who see it ask “Is that the samsung watch?”. It does lack advertising, that’s for sure.

    • Joseph

      I’ve been waiting to get a smart watch and now with Moto 360 I’ll end up buying that when it comes out

  • bogusy

    for nerds

  • sicsicpuppy

    March 21 ,2015 headline ;

    Pebble sells 400 watches

  • Gsizzle

    Moto 360 is going to sell that much in a Month.

    • Zed

      I doubt it’s gonna be priced like a Pebble. And while it might sell that much in a month, it’s gonna be for people with cash to burn. The Pebble still appeals to a budget minded market.

      I’ll most likely buy the Moto 360 when it goes under 200, but that will likely happen at least 6 months down the road, maybe longer.

    • Jay

      Budget minded or not, I still want a Pebble Steel over a Moto 360. I currently wear my dad’s Bulova and I’d rather wear something that looks nice as a watch than have something bright and colorful on my wrist.

  • Handheld Addict

    No mention from Mobile Syrup about the Pebble Steel now offering only the leather strap on backorder and making the metal strap “unavailable”. And the 3 month wait for the Pebble Steel in general.

  • MXM4K

    Not bad for a company that just got into the market effectively for just over a year. We’ll see how relevant they’ll stay when the competition enters the market. They would do well to focus on their strengths in the face of competition, and not try to play the competitions game (ie Blackberry trying to play the iOS/Android game).

    • Jay

      This! So much This! I like pebble because they aren’t trying to be a smartphone on your wrist! I don’t want to talk to my watch! I want to look down at my wrist, have a nice looking timepiece that tells me the basic requirements: What time it is, missed calls/texts and maybe tell me the weather.